JetBlue Airways acquired Spirit Airlines for an aggregate fully diluted equity value of $3.8 billion and an adjusted enterprise value of $7.6 billion. read more
JUL 29, 2022 - 7:31 am
The Equipment Leasing & Finance Foundation named the five winners of this year’s The Equipment Leasing & Finance Foundation Scholarship program. Inaugurated in 2020, the scholarship program has been expanded to five scholarship awards this year. read more
JUL 28, 2022 - 7:22 am
Sandhills Global will host its Sandhills Global Forum in Lincoln, NE, from Aug. 9 to Aug. 10 for hundreds of professionals from across the agriculture, commercial trucking, construction, heavy machinery and aviation industries. read more
JUL 28, 2022 - 7:16 am
Ryder, a supply chain, transportation and fleet management solutions company, was named a “Green Supply Chain Partner” in the annual Inbound Logistics “G75” special section for the 14th consecutive year. read more
JUL 25, 2022 - 7:26 am
Commercial Funding launched a YouTube channel and published its first educational video. The animated video, titled “CFI Explains Invoice Factoring,” provides a one-minute overview of the invoice factoring process and explains how invoice factoring improves cash flow. read more
JUL 22, 2022 - 7:17 am
United Rentals will provide sustainable solutions to Turner Construction, including all-electric trucks and zero-emission power systems. Turner Construction will use the rental equipment for construction of a data center in Kansas City, MO, for Meta, which was formerly known as the Facebook company. read more
JUL 20, 2022 - 7:13 am
In the first half of 2022, SLIM Capital achieved a 48% year-over-year increase in new business volume, an average amount funded of $156,625 and processed more than $209 million total applications. read more
JUL 19, 2022 - 7:33 am
According to a new quarterly report from CoBank’s Knowledge Exchange, after more than two years, Covid-related supply chain complications are finally easing and various metrics indicate improvements to supply chain performance both domestically and globally. read more
JUL 15, 2022 - 7:16 am
EFFI Finance opened its headquarters to an industrial office building located in the financial district of Irvine, CA. EFFI has also unveiled a new website designed by digital marketing agency REQ. read more
JUL 14, 2022 - 7:48 am
According to preliminary results from the International Data Corporation’s Worldwide Quarterly Personal Computing Device Tracker, worldwide shipments of traditional PCs declined 15.3% year over year to 71.3 million units in Q2/22. read more
JUL 12, 2022 - 7:17 am
Fisker, a manufacturer of electric vehicles, launched Fisker Finance, a digital financing platform offering loan purchase options to Fisker customers. Fisker Finance plans to begin offering financing in Q4/22. read more
JUL 11, 2022 - 7:21 am
WSFS Financial sold the business of BMT Insurance Advisors, an independent insurance brokerage and risk management consulting firm to Patriot Growth Insurance Services. read more
JUL 11, 2022 - 7:19 am
According to data released by the Secured Finance Network in its quarterly asset-based lending index and SFNet confidence index, confidence in the asset-based lending market was positive in Q1/22, but banks and other lenders are watchful of a fluctuating economy. read more
JUL 11, 2022 - 7:16 am
REV Capital, a provider of factoring and cash flow financing in Canada and the United States, announced a new commercial finance eastern division and appointed Mark Dubs president of the eastern division. read more
JUL 11, 2022 - 7:10 am
The Volvo Group, Daimler Truck and the TRATON GROUP completed the final step in forming their previously announced joint venture for charging infrastructure in Europe. The joint venture plans to install and operate at least 1,700 charge points across Europe. read more
JUL 8, 2022 - 7:26 am